Core Viewpoint - The motivation for listed banks to redeem existing "high-interest" preferred shares is increasing in a low-interest-rate environment, aiming to save on interest costs [1][4]. Group 1: Redemption of Preferred Shares - Changsha Bank announced the redemption of 6 billion yuan of its preferred shares "Changyin You 1" on December 25, 2025, marking it as the fifth bank to redeem preferred shares in December [1][4]. - A total of 9 banks have redeemed preferred shares since 2025, with a cumulative redemption amount exceeding 1,000 billion yuan [4][5]. - The redemption actions include banks such as Nanjing Bank (4.9 billion yuan), Shanghai Bank (20 billion yuan), and Beijing Bank (4.9 billion yuan) [3][4]. Group 2: Market Trends and Supply - The total outstanding preferred shares of banks is 6,453.5 billion yuan, accounting for 99.58% of the preferred share market [5]. - Since 2020, the issuance of new preferred shares has nearly halted, leading to a gradual reduction in the outstanding volume [5][6]. - The introduction of perpetual bonds in 2019 has diversified the capital supplement tools available to banks, reducing the attractiveness of preferred shares [5][6]. Group 3: Investment Dynamics - Preferred shares are becoming increasingly scarce, making them a valuable asset for asset management institutions, including public funds and insurance funds [8][9]. - As of June 2025, approximately 3,079 billion yuan of bank preferred shares were held by wealth management products, representing 40.66% of the total outstanding preferred shares [8]. - The liquidity of bank preferred shares remains low compared to other capital supplement tools, with a low turnover rate in the market [9].

证券之星消息，12月25日城商行板块较上一交易日上涨0.07%，上海银行领涨。当日上证指数报收于 3959.62，上涨0.47%。深证成指报收于13531.41，上涨0.33%。城商行板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 601229 | 上海银行 | 9.96 | 0.61% | 29.13万 | 2.90亿 | | 601577 | 长沙银行 | 9.76 | 0.41% | 9.92万 | 9678.88万 | | 600928 | 西安银行 | 3.76 | 0.27% | 12.98万 | 4884.62万 | | 600926 | 杭州银行 | 15.36 | 0.26% | 1 34.38万 | 5.29亿 | | 601169 | 北京银行 | 5.51 | 0.18% | 90.14万 | 4.98亿 | | 6000109 | 南京银行 | 11.32 | 0.09% | 23.45万 | 2.67亿 | | 616009 | 江苏银行 | 1 ...

12月24日杭州银行大宗交易一览 | | 成交金 | | 相对当 | | | | --- | --- | --- | --- | --- | --- | | 成交量 | 额 | 成交价 | 日 | | | | （万 | | 格 | 收盘折 | 买方营业部 | 卖方营业部 | | 股） | （万 元） | （元） | 溢价 | | | | | | | （%） | | | | 35.00 | 485.10 | 13.86 | -9.53 | 万联证券股份有限公司广州白 | 方正证券股份有限公司瑞安罗阳大道 | | | | | | 云分公司 | 证券营业部 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （原标题：杭州银行大宗交易成交485.10万元） 杭州银行12月24日大宗交易平台出现一笔成交，成交量35.00万股，成交金额485.10万元，大宗交易成交 价为13.86元，相对今日收盘价折价9.53%。该笔交易的买方营业部为万联证券股份有限公司广州白云分 公司，卖方营业部为方正证券股份有限公司瑞安罗阳大道证券营业部。 证券时报•数据宝统计显示，杭州银行今日收盘价为15.32元，下跌0.45%， ...

杭州银行此次提拔内部培养的高管，体现了对稳健经营和业务连续性的重视。张精科的履历显示，他不仅具备丰富的基层经验，还在科技文创 金融领域有突出贡献，主导制定的科创金融标准推动了银行业务创新。2025年中报显示，在他分管的领域，科技贷款余额和科创基金托管规模 均实现显著增长。然而，杭州银行也面临挑战，第三季度营收出现负增长，暴露出非息收入波动的问题。在2026年度工作会议上，董事长宋剑 斌提出的五大重点工作，尤其是数智赋能和风险管理，将成为新行长上任后的关键任务。这家即将迎来30周年的城商行，如何在保持区域优势 的同时实现高质量发展，考验着新管理团队的智慧。 杭州银行在空缺行长职位8个月后，终于迎来新动向。12月24日，银行人事消息显示，现任副行长张精科拟获提任行长一职。今年4月，前任行 长虞利明因个人原因辞任后，该职位一直由董事长宋剑斌代行职责。张精科现年47岁，是杭州银行最年轻的高管，拥有丰富的内部成长经历， 从基层客户经理一路晋升至副行长，尤其在科技金融领域成绩显著。此次人事调整，标志着杭州银行管理层进入新阶段。 ...

来源：金融人事mini 近日，多家全国性银行行长出现变动。12月23日，中信银行行长芦苇调任邮政集团党组成员、副总经 理；同日，浙商银行公告，吕临华任该行党委副书记、提名行长。 银行人事了解到，浙江省又一家万亿级银行行长人选确定，杭州银行副行长张精科拟获提任。 今年4月2日，前杭州银行行长虞利明因个人原因辞任后，该行行长职位空缺至今，期间由董事长宋剑斌 代行行长职责。 履历显示，张精科现年47岁，是目前杭州银行最年轻的高管，属于杭州银行内部成长起来的管理者，先 后在客户经理、营销部门负责人、支行行长、部门总等多个岗位任职。 张精科，1978年8月出生，毕业于复旦大学、浙江工商大学，研究生学历，项目管理硕士，高级经济 师。2003年，加入杭州银行总行营业部，是当时该行最年轻的公司业务经理。 2009年6月，其参与筹建杭州银行科技支行并担任副行长，从零开始建立科技金融服务体系。2013年8 月，杭州银行决定设立文创支行，张精科又受命筹建并担任支行行长，以创新产品、聚合营销渠道、互 联网思维等方式探路文创金融。 2017年起，张精科历任杭州银行总行资产管理部总经理，科技文创金融事业部党委书记、总经理，党委 委员、人 ...

Macro Dynamics - Beijing has issued the first batch of L3-level highway autonomous vehicle special license plates, marking a significant milestone in the country's autonomous driving era. The "conditionally automated driving" feature is currently limited to specific highway sections in Beijing [2] - The State Administration for Market Regulation will soon implement strict regulations on food safety responsibilities for live-streaming e-commerce operators, establishing clear guidelines and penalties for non-compliance [3][4] - By 2026, China plans to build over 10,000 charging guns in highway service areas, with at least 25% being high-power chargers, to enhance electric vehicle charging infrastructure [5] - The Chinese Foreign Ministry has expressed strong opposition to the U.S. adding DJI drones to a restricted list, criticizing the discriminatory practices against Chinese companies [6] - A radioactive water leak occurred at a decommissioned nuclear reactor in Japan, potentially exposing several individuals to radiation [7] Financial Institutions - Hangzhou Bank plans to issue financial bonds not exceeding 40 billion RMB, with a maturity of up to 10 years [8] - The CEO of Bank of America highlighted the increasing impact of AI investments on the U.S. economy, suggesting that AI will play a significant role in future economic contributions [9] Market Data - On December 23, the market experienced a pullback after an initial rise, with the Shanghai Composite Index up by 0.07% and the Shenzhen Component Index up by 0.27%. New stocks listed on the same day saw significant gains [10] - As of December 22, the total margin balance in the two markets increased by 12.534 billion RMB, indicating a growing interest in leveraged trading [11] - The Hong Kong Hang Seng Index closed down by 0.11%, with notable movements in gold stocks and declines in certain tech stocks [12] Company Dynamics - Oriental Yuhong reported that its U.S. subsidiary fell victim to a telecom fraud involving approximately 12.118 million RMB, but the incident is not expected to significantly impact the company's operations [13] - Zhongxin Tourism has established three subsidiaries in Hainan and is actively expanding its tourism-related business in the region [14] - Haohai Biological Technology's controlling shareholder was fined 14.6292 million RMB for insider trading, but this will not affect the company's daily operations [15][16] - The co-founder of the game "Call of Duty," Vince Zampella, tragically passed away in a car accident [17] - Jiangbolong indicated that rising prices of storage wafers would positively impact the company's gross margin, supported by long-term supply agreements with major wafer manufacturers [18]

Core Viewpoint - Company has signed a strategic cooperation agreement with Shangyi Optoelectronics to advance perovskite battery technology for space energy applications, aiming to leverage the growing demand in the space photovoltaic market [3][32][34] Group 1: Company Developments - Company has achieved a key breakthrough in perovskite tandem batteries with a laboratory efficiency of 32.08%, leading the industry [2][31] - The first industrialized N-type + perovskite tandem battery is expected to be completed by November 2025, with small-scale production capabilities underway [2][31] - Company has over 50% of its sales from overseas and is planning to expand its overseas production capacity [2][31] Group 2: Market Opportunities - The global low-orbit satellite planning has surpassed 100,000 satellites, increasing the demand for lightweight and high-efficiency energy solutions in space [2][31] - Perovskite technology offers advantages such as ultra-lightweight, low cost, high radiation resistance, and flexibility, making it a revolutionary solution for space energy [2][31] Group 3: Strategic Cooperation - The partnership with Shangyi Optoelectronics aims to integrate industry and scenario resources, focusing on technical research, in-orbit verification, and application scene expansion [3][32] - This collaboration is positioned to capitalize on the technological transformation in space energy and the booming commercial space sector [3][32] Group 4: Financial Outlook - Company expects to improve profitability with net profit forecasts of -558 million, 577 million, and 1.02 billion yuan for 2025-2027 [6][35] - The company has become the first in the industry to list on both A and H shares, establishing an international financing platform to support project development and industrialization [34]

人民财讯12月23日电，杭州银行（600926）12月23日公告，公司计划发行不超过400亿元(含)非资本补 充性质的金融债券，债券期限不超过10年期(含10年期)。发行利率参照市场利率确定。 ...

杭州银行股份有限公司 2025 年第一次临时股东大会会议材料 （股票代码：600926） 中国·杭州 2025 年 12 月 31 日 | | | | 会议日程 | II | | --- | --- | | 会议须知 III | | | 议案 | 19 | 一、公司根据《公司法》《证券法》《上市公司股东会规则》 和《公司章程》的规定，认真做好召开股东大会的各项工作。 二、董事会以维护股东的合法权益、确保大会正常秩序和议 事效率为原则，认真履行《公司章程》中规定的职责。 三、股东及股东代理人参与股东大会依法享有发言权、质询 权、表决权等权利。根据《公司章程》规定，股权登记日（2025 年 12 月 25 日）在公司授信逾期的股东及质押公司股份数量达到 或超过其持有公司股份 50%的股东，其投票表决权将被限制。 四、股东参加股东大会，应认真履行其法定权利和义务，尊 重和维护其他股东的合法权益。会议开始后应将手机铃声置于震 动或静音状态，保障大会的正常秩序。 五、在会议主持人宣布现场出席会议的股东和代理人数及其 所持有表决权的股份总数之前，会议现场登记终止。 六、股东要求在股东大会上发言的，应先经会议主持人许可。 ...

Core Viewpoint - The article discusses the aggressive deposit acquisition strategies employed by small and medium-sized banks as they approach the end of the year, highlighting both legitimate marketing tactics and the resurgence of questionable practices to meet performance targets [3][4][5]. Group 1: Deposit Acquisition Strategies - As the end of 2025 approaches, banks are entering a "sprint mode" for deposit acquisition, utilizing methods such as raising deposit interest rates, offering gifts, and promoting wealth management products to attract new customers and funds [5][6]. - For instance, Jiangsu Bank has raised the annual interest rate on a three-year fixed deposit product to 1.9%, a 15 basis point increase from the standard rate, while Jilin Bank has increased its three-year fixed deposit rate from 1.75% to 2% [5][6]. - Additionally, banks like Yilian Bank are implementing limited-time offers and gift incentives to draw in customers, with some banks offering gifts for deposits above certain thresholds [6]. Group 2: Market Dynamics and Risks - Industry insiders indicate that the year-end deposit acquisition not only plays a crucial role in banks' strategies but also reflects the challenges faced by small banks in a limited interest rate environment, prompting them to adopt refined operational strategies to attract customers and increase funds [7]. - The phenomenon of "deposit rushing" has re-emerged, where banks attempt to meet performance metrics by rapidly increasing deposits at the end of reporting periods, often facilitated by intermediaries advertising low-cost deposit options [8][9]. - This practice raises concerns about compliance with regulations and the potential risks to depositors' funds, as these operations may violate banking regulations and create market disturbances [11][12]. Group 3: Internal Pressures and Ethical Concerns - The pressure on bank employees to meet performance targets has led to the normalization of purchasing performance indicators through online platforms, with employees spending money to complete deposit and fund purchase tasks to avoid penalties [10]. - Such practices not only expose banks to regulatory risks but also create internal competition issues and could damage the bank's reputation and customer trust [12]. - Experts warn that these practices can lead to long-term negative consequences if not managed properly, emphasizing the need for customers to be aware of the risks associated with participating in such deposit operations [12].